On the Effect of Business and Economic University Education on Political Ideology : An Empirical Note

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Title: On the Effect of Business and Economic University Education on Political Ideology : An Empirical Note
Author: Delis, Manthos D. ; Hasan, Iftekhar ; Iosifidi, Maria
Series: Journal of Business Ethics
Series volume: 155
Series number: 3
Year of publication: 2019
Publication date: 15.3.2019
Published in: Published in Bank of Finland Discussion Paper 22/2017.
Pages: 809-822
Subject (yso): koulutus; taloustieteet; poliittiset asenteet; korkeakoulutetut
Keywords: Alankomaat
Other keywords: University education; Political ideology; Business and economics studies
Abstract: We empirically test the hypothesis that a major in economics, management, business administration or accounting (for simplicity referred to as Business/Economics) leads to more-conservative (right-wing) political views. We use a panel dataset of individuals (repeated observations for the same individuals over time) living in the Netherlands, drawing data from the Longitudinal Internet Studies for the Social Sciences from 2008 through 2013. Our results show that when using a simple fixed effects model, which fully controls for individuals’ time-invariant traits, any statistically and quantitatively significant effect of a major in Business/Economics on the Political Ideology of these individuals disappears. We posit that, at least in our sample, there is no evidence for a causal effect of a major in Business/Economics on individuals’ Political Ideology.
Link: https://doi.org/10.1007/s10551-017-3483-9


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